Wednesday, September 1, 2010

Awaiting Break (2010-09-01 S&P 500 Index analysis)



Above is the daily chart of S&P 500 Index. After the index broke the lime uptrend line, it kept moving downwards, forming another red downward-pointing triangle. It is likely that a break will occur in next few days, this may also lead HSI to break the triangle in weekly chart.

No comments:

Post a Comment